balancing innovation and regulation isn't easy
Thanks to increasingly complex regulations—and the ever-present risk of data breach—data security is a high strategic priority for financial services organizations like banks, insurance companies and payment providers. At the same time, an exceptional user experience is no longer just a nice-to-have. It’s a competitive differentiator that helps you attract and retain customers, as well as maximize employee productivity. Luckily, you don’t have to choose between security and experience.
An identity and access management (IAM) solution, like the Ping Identity Platform, enables you to meet strict security mandates and identity-related regulations, all while delivering consistent, personalized experiences to your customers.
comply with regulations
As a financial institution, you know better than anyone that regulatory requirements go hand-in-hand with storing sensitive information. But that doesn’t make it any easier to stay on top of all the shifting regulations that govern your business, especially around data access and security, privacy and consent, and customer identification.
The Ping Identity Platform is ideally suited to help you meet regulations like PCI-DSS, PSD2 and KYC, by enabling you to:
Enforce strong authentication
Provide secure access to your applications and services
Store PII data securely
Govern consent and privacy
reduce the risk of breach
Cybercriminals target financial services more than any other industry. It takes a powerful IAM solution to protect your organization from hacking attempts and unauthorized access. The Ping Identity Platform is used by 8 of the 10 largest global banks to protect identity and profile data, secure access to applications and APIs, and provide adaptive multi-factor authentication capabilities. With us on your side, you can meet even the strictest security standards.
deliver better customer experiences
Customers have come to expect the same level of engaging experiences from their financial institutions that they get from their favorite retailers and tech providers. Those who rise to the challenge of providing seamless, personalized experiences will win. To attract new customers and earn the loyalty of current ones, the Ping Identity Platform can give you a competitive edge by enabling:
Easy, one-click access to all of your digital properties
Unified identity and profile data, privacy consent and preferences across channels
Personalized experiences for deeper customer engagement
Always-on apps and services
TIAA INVESTS IN SECURE ENGAGEMENT AND PRODUCTIVITY
With privacy concerns, security risks and fraud on the rise, managing financial transactions in the digital age is never easy. But Robb Davis, Director of Security Services at TIAA, is leveraging modern identity and access management capabilities to help clients do more, not hold them back. TIAA’s digital transformation initiatives are gaining momentum, and they've seen significant improvements to customer experiences across their web and mobile environments.
Watch this video to hear Rob talk about pushing the boundaries of security.